M&A Deal Summary

The Gladstone Companies Acquires Flight Adventure Park

On September 22, 2015, lender The Gladstone Companies acquired consumer services company Flight Adventure Park

Acquisition Highlights
  • This is The Gladstone Companies’ 1st transaction in the Consumer Services sector.
  • This is The Gladstone Companies’ 23rd transaction in the United States.
  • This is The Gladstone Companies’ 5th transaction in California.

M&A Deal Summary
Date 2015-09-22
Target Flight Adventure Park
Sector Consumer Services
Buyer(s) The Gladstone Companies
Deal Type Buyout (LBO, MBO, MBI)

Target

Flight Adventure Park

Bakersfield, California, United States
website
Flight Adventure Park operates large family entertainment facilities where jumpers of all ages can participate in active social outings, lively corporate gatherings, intense individual workouts or memorable birthday parties. Flight Adventure Park is based in Bakersfield, California.

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Buyer(S) 1

Buyer

The Gladstone Companies

Investor Investor Investor Investor Investor

website

Category Lender
Founded 2001
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

The Gladstone Companies manages a series of publicly traded investment vehicles and looks to make debt and equity investments in US-based small to middle-market businesses. The Firm focuses on second lien debt, mezzanine debt, secured and unsecured subordinated loans, equity and real estate sale leasebacks. Target investments generally range from $5 to $30 million in companies with over $3 million in EBITDA. Target sectors include manufacturing, industrial products, business and government Services, media, communications, consumer products and services, healthcare services, transportation, specialty chemicals, and energy services. The Gladstone Companies was formed in 2001 and is based in McLean, Virginia.

DEAL STATS #
Overall 23 of 28
Sector (Consumer Services) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 9 of 13
State (California) 5 of 6
Country (United States) 23 of 28
Year (2015) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-09 Mikawaya

Vernon, California, United States

Mikawaya, Inc. is a producer of Japanese pastries and specialty frozen desserts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-16 Nth Degree

Duluth, Georgia, United States

Nth Degree is a provider of exhibit management and event services. Nth Degree provides highly-specialized installation and dismantle services for trade shows and also serves as an experiential marketing and management agency. The Company provides its services to blue-chip customers around the world at over 13,000 event and trade show projects annually.

Buy -
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